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Microcap & Penny Stocks : INFE ... Infocall another Sleeper

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To: Sigmund who wrote (9919)3/22/1999 11:22:00 AM
From: Hope  Read Replies (1) of 10343
 
Infocall Retains Specialty Financial Services Consultant; The London
Manhattan Company to Assist in Acquisition Funding

Monday March 22, 10:59 am Eastern Time

TYSONS CORNER, Va., March 22 /PRNewswire/ -- Infocall Communications Corp. (OTC Bulletin Board: INFE - news) an emerging leader in Internet-based Staffing, Technical Consulting and Employee Leasing services announced today it has retained The London Manhattan Company, a respected merchant banking firm with offices in Gaithersburg, Maryland to assist the company in its efforts to create an acquisition fund of up to $20 million.

According to Infocall's CEO, Tom Richfield, ''the London Manhattan Company has a proven track record in assisting high growth companies in their initial funding stage. Our consensus is that London Manhattan can do the job for us in a relatively short period of time.''

Infocall's goal is to reach $100 million in revenue in the next twelve months mainly through a series of planned acquisitions.

According to Robert Ciri, Managing Director of London Manhattan, ''We are excited about the business plan of Infocall and feel we will be very successful in assisting them in reaching their early stage financing requirements. This is an area of specialty for us as we have been in this business for over ten years.

Infocall is currently in the final stages of closing a number of strategic acquisitions which the company believes will put them on their planned ''fast track'' growth this year.

For more information, contact Investor Relations at 703.734.5650 or visit Infocall at www.infocall.com.
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